In a world of "free trade" theory, China once again reminds us that reality bites:
Foreign companies ‘losing out’ in China
By Jamil Anderlini in Beijing
Published: September 2 2010 13:24 | Last updated: September 2 2010 13:24
Foreign companies are losing market share in China across a broad range of industries because of discriminatory treatment by the government and regulators, according to the European Chamber of Commerce in China.
In its annual position paper, the organisation aired a host of complaints from its member companies and explicitly accused Beijing of violating its World Trade Organisation commitments through its heavy-handed certification requirements. [full story]If ifs and buts were candy and nuts....
Trade reciprocity, not fictitious free trade.